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Accounting for PPP - Debt Model

Mar 18, 2021 · 13 min watch

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The proper accounting treatment for PPP loans has been a source of confusion for many borrowers. Watch this webcast as Robert Durak, CPA, Director – Private Company Financial Reporting, and Kari Hipsak, CPA, CGMA, Senior Manager – Firm Services, provide an accounting and financial reporting overview for PPP loans under the debt model, including:

  • Sample journal entries including loan funding, accrued interest, and loan forgiveness

  • Subsequent events

  • Balance sheet, income statement and cash flow statement presentation

  • Disclosures

Download the Accounting for PPP

File name: accounting-for-ppp.pptx

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